How to Avoid Scholarship Scams
Scholarship scams are unfortunately prevalent and can be very convincing. They usually promise a large amount of money for school, but require some type of payment or personal information upfront. Here are some tips on how to avoid scholarship scams:
1. Research the scholarship: Do some research on the scholarship before applying. Check the legitimacy of the scholarship and the organization offering it. Search for reviews or complaints about the scholarship or organization to determine if it’s a legitimate opportunity.
2. Don’t pay to apply: Legitimate scholarships do not require you to pay any fees to apply or receive the award. If a scholarship requires a fee or asks for payment upfront, it’s likely a scam.
3. Be wary of unsolicited offers: If you receive an email or phone call offering you a scholarship, be cautious. Legitimate scholarships typically do not reach out to students directly. Scammers may pose as a scholarship provider or claim to have found your information through a scholarship search service.
4. Don’t give out personal information: Avoid giving out your social security number, bank account information, or credit card information to a scholarship provider. Legitimate scholarships do not require this information.
5. Beware of “guaranteed” scholarships: No scholarship is guaranteed, so if a scholarship claims to guarantee a certain amount of money or a win, it’s likely a scam.
6. Check for a privacy policy: Legitimate scholarship providers will have a privacy policy outlining how they handle personal information. Look for this on the scholarship website or application.
7. Verify the scholarship: Check with your school’s financial aid office or with organizations such as the Better Business Bureau or the Federal Trade Commission to verify the legitimacy of a scholarship.
By following these tips, you can avoid scholarship scams and focus on legitimate opportunities to fund your education.